China presented the countries of the Eurasian area a new and exciting project called "Economic times of the Silk Road."This is not only one of the large-scale economic projects in recent years, the idea was very ambitious.The main essence of the proposal is to seek a mutually beneficial relationship in the long term.Economic times of the Silk Road are fully consistent with the general world trend towards globalization and should stimulate the convergence of the countries of the Eurasian region.Anticipated disclosure of the economic potential of each State will participate in the project.
How it all began?
core EPSHP SCO is an organization that was originally created for the implementation of this particular project.Combining rapidly and is developing rapidly.By the time the SCO has settled a bit, it took a new path of development, it has become topical new level of cooperation between the two countries.A major role in this issue belongs to China, as he made the creator of the SCO in 2001 and suggested that the way the project in 2013.The official presentation of the project took place in Kazakhstan, September 7, 2013, during a speech President Xi Jinping to lecture at a university.
actual action
Already November 29 for the study of the project took an active SCO members.On the territory of Tashkent was held the 13th meeting in a row between the participating countries, where they discussed issues concerning the transport partnership.It was at this meeting for the first time in history, and was attended by representatives of Central and Eastern Europe.The talks resulted in a plan of cooperation for 5 years.According to specialists, will be formed EPSHP 24 cities from 8 countries.September 26, 2014 at an economic forum in Xi'an discussed investment partnership, it has been tasked to reorient investment flows.With a lack of foreign capital in the West there is an excessive amount of them in Asia.
Silk globalization: the satisfaction of the interests of many countries at the same time
The prospect that promises economic times of the Great Silk Road, is determined by world trends.Active strengthening of the role of developing countries in the "engine" of the world economy against the background of a post-crisis situation.In this particular case, the issue affects the BRICS states.Russia plays the role of a leader in the Eurasian area.China has designs on the title of the leader in the Asian world.Country expresses particular interest in the development and stability of Eurasia, is ready to actively contribute to the prosperity of the region.In parallel, other developed countries (USA and EU) gradually wallow in crisis and deal with the redistribution of zones of influence.Russia and China did not deliberately engaged in building up its influence in the region.Economic times of the Silk Road, according to preliminary estimates, should satisfy the interests of each of the states that lie along it.
emergence of new leaders and enhancing cooperation
project adapted to the emergence of new world leaders, leading to the emergence of innovative active centers of economic development.The international impact is gradually moving from the west, which is going through difficult times, to actively prosperous east.The World Center for Economic Development is gradually occupies the space between Eurasia and the Asia-Pacific region, which leads to the need for a new partnership strategies.Changing zones of influence, as well as features of global economic prosperity, forcing many states to integrate its external activities.The issue concerns not only the formation of new economic contacts, it relates to new monetary union.In the future, they need to help solve global problems: a strong influence of the US dollar on the economies of almost all countries of the world.
Construction of the "Silk Road»
Action Plan for the construction of the economic zone of the Silk Road includes primarily the construction of new highways and improving existing ones.The procedure for registration of the transport network will be implemented with the use of innovative technologies.In the future, within the framework of the path will be a global network of high-speed highways.In fact, China in recent years has achieved significant results in this area, has become a world leader in the building of roads.Today, the Chinese planned to display technology for export.The project put forward by China, and its implementation will be carried out under the strict guidance of Beijing.The construction of highways will encourage infrastructure development.Along the road will appear regional centers.It is expected to increase the capacity of logistics and tourism, the emergence of numerous new jobs.All this will lead to diversification and to the denationalization of the economy, will be a prerequisite for the development of the regions.
no past trends or multilateral lines
restore economic times of the Silk Road will not bind the countries of the region with only China and Russia.It is planned to combine the different countries of Eurasia, it will only strengthen cooperation at the regional level.For example, within the SCO framework for quite some time it has been established corridor, uniting countries such as Uzbekistan, Kyrgyzstan and Tajikistan.A similar policy has been in the South Caucasus.It was there that have successfully completed the construction of railway line Baku-Akhalkalaki-Kars railway, which has strategic importance.Economic times are Silk Road will provide transport and infrastructure development, which will increase the scope of cooperation in terms of trade.The situation provides certain advantages for China, which is known as one of the world's largest producers.The ability to move in different directions will give a boost to the prosperity of the eastern region.
financial system and not just
According to the draft, which was submitted to China, all settlements between the states within the region will be carried out not in dollars and local currency.This perspective should provide political stability and social security.This is crucial for the region, which are now struggling with destabilization.The project has good prospects also for the reason that the country finally have the opportunity to work together again after the collapse of the Soviet Union in the Soviet Union.Contemporaries can watch translational movement between states.On the hand plays the historical, cultural and civilizational similarities between the two countries.
documentary side of the issue
March 28, 2013 were officially presented documents, which have structured the principles and priorities, partnerships within the project EPSHP aimed at strengthening relations at regional level and aimed at challenging work for the prosperity of the future.The main objectives of the project - is to stimulate the flow of economic factors, the allocation of resources and deep market integration by strengthening links between Asia, Africa and Europe.Each state can make its contribution to the economic times of the Silk Road.Legal documents have called for the coordination of political action, to the development of infrastructure links, to free trade and financial integration.China plans to use the advantages of each region separately, systematically increasing the level of openness to deep interaction both within the country and at the level of an international character.China is ready to actively improve the content and form of initiative, to develop implementation schedules and planned to create a new card partnerships with participating countries.Action Plan for the joint construction was published just three days before the date of application for accession to the Asian financial institution infrastructure investments.That this credit organization will be engaged in the financing of regional infrastructure projects.
What is special about the project?
project "The economic times of the Silk Road" - in the words of its creators - not based on geopolitical strategy.EPSHP has no similarities with the European Union and the Customs Union.The main essence of the idea - a strategic coordination of partners, relations between them were formed for centuries.Paper agreement within the Union is not so important.Economic times are the new Silk Road no obligation and does not enforce integration.The project should be the basis for fruitful cooperation, but not the reason for the emergence of new conflicts.If you look globally, China is ready to implement the infrastructure construction and form a new economic reality.China's interest in the realization of the idea is based on an effort to develop the western regions of the country and the most to balance their own economy.
EPSHP as a stage of global integration
economic times of the Silk Road and Maritime Silk Road is not the result of purely political ambitions.It is a kind of natural continuation of China's reform.The project was launched long before the moment of its official Xi Jinping said.The Chinese managed to catch the moment to start a successful regional partnership, without which the modern world, globalization is ineffective.Thanks to the timely strengthening of economic and energy cooperation with Central Asian states, China has become the center EPSHP parallel to strengthen the status of the largest importer of Russian.
Economic Zone and Russian
not cease to be regarded as a potential direction of the economic belt of the Silk Road Russia.Cooperation, rather, its prospects and trends will be discussed in May 2015.Interoperability between the two countries may be negotiated between the heads of state in the near future.Statement on a possible meeting came from Deputy Prime Minister Igor Shuvalov.Russia, despite the fact that the date of the meeting has not yet been appointed, has announced its participation in the project.Economic times of the Silk Road, and Russia is not so far removed, in addition, the state is interested in new opportunities and new directions of development and investment.
What problems will be solved?
What are the opinions of experts?On the economic belt of the Silk Road, they say that on the eve of the project will need to address several key challenges.This exchange of views on aspects of economic development, which should help determine the likely points of conflict.It is planned to develop programs to eliminate them and start taking into account the combination of political, legal and economic practices.Transit transportation system in the future will connect the Central Asian states and China, will link the area with Africa and Europe.It is planned to gradually and purposefully reduce and then completely eliminate trade and investment barriers among all participants EPSHP.It will play a key role in the disclosure of the investment and trade potential of each country.
